Refrigerant prices have slightly decreased (10.16-10.20)

1、 Price trend

 

According to the Commodity Market Analysis System of the Business Society, as of October 20th, the average price of refrigerant R22 was 21766.67 yuan/ton, an increase of 1.24% compared to the beginning of the month price of 21500.00 yuan/ton, and an increase of 16.61% compared to the same period last year

 

According to the Commodity Market Analysis System of the Business Society, as of October 20th, the average price of refrigerant R134a was 27833.33 yuan/ton, a slight decrease of 0.60% compared to the beginning of the week price of 28000.00 yuan/ton, and an increase of 7.74% compared to the same period last year.

 

2、 Market analysis

 

This week, the prices of chloroform and hydrofluoric acid in China remained stable, and the overall cost of raw materials stabilized. The market purchase and sales remained relatively stable, supporting the continued stable progress of domestic R22 market prices.

 

This week, the overall domestic price of hydrofluoric acid remained stable and the trend of raw material costs has stabilized. Previously, the rapid rise in refrigerant prices has to some extent suppressed terminal consumption. Some manufacturers have slightly lowered their factory prices to ensure shipment, leading to a slight decline in the price of domestic refrigerant R134a.

 

In terms of raw materials, the high price of domestic hydrofluoric acid is stabilizing, and the sustained high cost of raw materials will provide strong support for refrigerant prices.

 

3、 Future Market Forecast

 

Business Society refrigerant analysts believe that the overall high cost of raw materials is stabilizing, the downstream demand for refrigerants is generally stable, and the market supply and demand are stable. In the short term, the domestic market prices of refrigerant R22 and R134a will continue to remain stable at the current level.

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